Karnak Group
Company owner: Dr. Mohamed Hassan Abdel Fattah El Basha. Establishment date: 1993. Key projects: Elegance Park in Alexandria. Smouha Elegance in Alexandria. Miami City in Alexandria. Belva in Sheikh Zayed City.
About Karnak Group Way back in the early 1990s, Karnak Real Estate Developments embarked on its journey in the Egyptian real estate market by developing a series of residential projects across Alexandria. From its very first steps, the company built its foundation on commitment, intelligent planning, and efficient use of space, principles that continue to shape its work today. Through consistent dedication and attention to detail, Karnak Real Estate Development quickly established itself as a trusted name in the marketplace. Every project reflected the company’s belief that real estate is not only about building structures, but about creating homes and communities that enhance the lives of residents. Over the years, Karnak’s expansion has been guided by these core values, allowing it to grow steadily while earning the confidence of both investors and homeowners. By focusing on quality, functionality, and sustainable designs, the company has succeeded in positioning itself as a reputable and forward-thinking developer in Egypt’s ever-evolving real estate sector. Karnak Real Estate Development Facts In the early 1990s, Karnak began by developing several residential buildings in Alexandria , and its success was driven by a strong commitment to values, commitment, thorough planning, and smart use of space. These foundations helped the company to gain a solid reputation in the marketplace and set the stage for integrated developments. Karnak has, to date, with a further 2,560 under development, across a total built-up area of 400,000 m². With more than 30 years' experience, the name is today a trusted seal of quality and development. Mission The client is considered a partner, and every project is customised to its needs to create long-term value. At Karnak Real Estate Developments, clients are regarded as true partners in success. The company’s mission is to deliver innovative, high-quality projects that provide modern lifestyles while ensuring strong and sustainable investment returns. Karnak Real Estate Developments focuses on creating communities that cater to the growing demand for Sheikh Zayed apartments for sale and other premium real estate opportunities across Egypt. Each development is designed to offer long-term value, combining comfort, functionality, and investment potential. Vision Karnak Real Estate Developments strives to remain at the forefront of Egypt’s real estate sector by delivering integrated projects that seamlessly blend contemporary design with strategic locations. The vision is to position the company as the first choice for individuals and businesses seeking a trusted real estate developer, one that consistently provides excellence in both residential and commercial properties. Karnak continues to grow by developing real estate projects that blend quality, modern design, and prime locations. The following are the best projects of Karnak Real Estate, but not limited to: Belva in Sheikh Zayed Belva Sheikh Zayed Compound is a masterpiece of a master plan designed by Raef Fahmy, well thought out with detail and care taken for the utilization of space. The project is spread over a land area of more than 18.5 acres and utilizes 14.5 acres for lush landscaping and 13,000 square meters for a bustling commercial hub. Vitali in New Cairo Vitali is a one-of-a-kind commercial project, characterised by its premium location and open-air concept that provides an unbeatable experience for every family member. Strategically situated in the heart of New Cairo , directly overlooking the American University in Cairo (AUC), the mall extends over a total area of nearly 16,000 m², split into three levels of 5,530 m² each. Designed as a mixed-use destination, Vitali brings together a wide array of services to cater to different needs. Invest with Karnak Real Estate via Nawy Secure your future today with Karnak Real Estate through Nawy, your trusted platform for smart property investments. Karnak’s projects are designed to deliver more than just a home; they provide a lifestyle that blends modern design, strategic locations, and enduring value. Call us on the number below, and one of our property consultants will call you right away to help you find the best deals.
Where Karnak Group Builds Its projects are spread across Sheikh Zayed (1). The number in brackets is how many projects are recorded in each area.
Karnak Group Portfolio in Numbers across roughly 19 recorded acres.
Karnak Group Projects Sections 
